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2 star

HSBC Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.75 0.03 0.09 0.41 0.77 2.02 3.99 2.16 4.11 5.47 --
CCIL T Bill Liquidity Weight 1.87 -0.01 0.04 0.16 0.43 1.05 2.00 3.20 3.53 3.98 --
Debt: Low Duration 4.32 0.03 0.08 0.36 1.32 2.55 4.69 4.96 5.77 6.60 --
Rank within category 13 15 3 2 13 10 14 21 20 18 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Low Duration Fund - Direct Plan  | Invest Online
2 star
Jan-13 3.99 2.16 4.11 0.21% 253
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.40 7.33 7.20 0.40% 31,730
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.58 7.36 7.13 0.44% 21,653
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.37 7.47 7.45 0.40% 17,431
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.35 7.50 7.62 0.41% 10,083

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.94 30-Jun-2020 - 07-Jul-2020 -9.55 04-May-2020 - 11-May-2020
Month 9.11 08-Jun-2020 - 08-Jul-2020 -8.96 08-Apr-2020 - 08-May-2020
Quarter 10.77 11-May-2020 - 10-Aug-2020 -8.75 10-Feb-2020 - 11-May-2020
Year 14.78 11-May-2020 - 11-May-2021 -12.28 10-May-2019 - 11-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.59 8.91 -0.13 -0.07 -0.85 -1.72
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 5.11 4.37 1.60 3.37 -0.78 0.85
Rank within category 21 20 21 21 7 21
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 17 12 63
Modified Duration (yrs) 0.55 0.90 0.55 --
Average Maturity (yrs) 0.59 0.98 0.59 --
Yield to Maturity (%) 4.16 4.27 3.68 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 10.16 9.99
equal HDFC Bank 21/03/2022 Certificate of Deposit A1+ 0.00 - 9.82 9.73
new 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 8.25 8.25
equal 8.88% Export-Import Bank 18/10/2022 Bonds AAA 0.00 - 8.37 8.22
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.00 - 6.20 6.10
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 5.47 - 9.08 6.05
equal 8.30% Reliance Industries 2022 Debenture AAA 5.45 - 9.05 6.01
equal 8.10% L&T Infrastructre Finance 17/02/2022 Non Convertible Debenture AAA 0.00 - 7.09 5.98
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.00 - 4.79 4.14
equal 7.57% HDB Financial Services 16/02/2023 Non Convertible Debenture AAA 0.00 - 4.14 4.07
equal 4.66% Bajaj Finance 2022 Debenture AAA 0.00 - 8.65 3.94
equal 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 0.00 - 2.47 2.08
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 2.06 2.03
equal 5.11% HDB Financial Services 26/07/2022 Zero Coupon Bonds AAA 1.92 - 4.37 1.98

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Kapil Punjabi since 18-Oct-2014

Education: Mr. Kapil Punjabi is MMS from Mumbai University.

Experience: Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.

Funds Managed:


0.03%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 17.7123

IDCW Weekly: ₹ 10.3187

More

IDCW Monthly: ₹ 10.0153

IDCW Daily: ₹ 10.0846


Investment Strategy

The scheme seeks to provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.33%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 253 Cr (As on 31-Oct-2021)
Expense: 0.21% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Dec-20210.0028

 03-Dec-20210.0006
 02-Dec-20210.0019
 01-Dec-20210.0016
 30-Nov-20210.0025
 29-Nov-20210.0033
 26-Nov-20210.0026
 25-Nov-20210.0007
 23-Nov-20210.0010
 22-Nov-20210.0032
 18-Nov-20210.0018
 17-Nov-20210.0007
 16-Nov-20210.0013
 15-Nov-20210.0035
 12-Nov-20210.0002
 11-Nov-20210.0005
 10-Nov-20210.0010
 09-Nov-20210.0028
 08-Nov-20210.0086
 03-Nov-20210.0019
 02-Nov-20210.0014
 01-Nov-20210.0005
 22-Oct-20210.0017
 21-Oct-20210.0012
 20-Oct-20210.0000
IDCW Monthly25-Nov-20210.0294

 25-Oct-20210.0209
 27-Sep-20210.0267
 25-Aug-20210.0405
 26-Jul-20210.0502
 25-Jun-20210.0253
 25-May-20210.0340
 26-Apr-20210.0604
 25-Mar-20210.0391
 25-Feb-20210.0277
 25-Jan-20210.0043
 28-Dec-20200.0259
 25-Nov-20200.0473
 26-Oct-20200.0665
 25-Sep-20200.0388
 25-Aug-20200.0183
 27-May-20190.0562
 25-Apr-20190.0446
 25-Mar-20190.0563
 25-Feb-20190.0421
 25-Jan-20190.0609
 26-Dec-20180.0603
 26-Nov-20180.0596
 25-Oct-20180.0628
 25-Sep-20180.0054
IDCW Weekly27-Jul-20210.0013

 28-May-20190.0184
 21-May-20190.0132
 14-May-20190.0087
 07-May-20190.0097
 30-Apr-20190.0045
 23-Apr-20190.0051
 16-Apr-20190.0064
 09-Apr-20190.0016
 02-Apr-20190.0309
 26-Mar-20190.0057
 19-Mar-20190.0202
 12-Mar-20190.0190
 05-Mar-20190.0113
 26-Feb-20190.0076
 20-Feb-20190.0134
 12-Feb-20190.0178
 29-Jan-20190.0101
 22-Jan-20190.0108
 15-Jan-20190.0158
 08-Jan-20190.0165
 01-Jan-20190.0122
 26-Dec-20180.0163
 18-Dec-20180.0158
 11-Dec-20180.0098

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: 9-11th Floor, NESCO - IT Park Bldg. 3, Nesco Complex, Western Express Highway, Goregaon East, Mumbai - 400063

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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